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IDEO Tackles AI‑Driven Design Homogenization with New Human‑Centered Strategy
NewsMay 17, 2026

IDEO Tackles AI‑Driven Design Homogenization with New Human‑Centered Strategy

Design consultancy IDEO, whose revenue fell to under $100 million from $300 million in four years, is confronting AI‑driven design homogenization. CEO Mike Peng announced a shift from project‑based work to teaching client organizations how to embed human‑centered design, aiming to stay...

By Pulse
EXL Service Unveils AI‑Focused Growth Plan at Investor Day, Targets Double‑Digit Revenue Gains
NewsMay 17, 2026

EXL Service Unveils AI‑Focused Growth Plan at Investor Day, Targets Double‑Digit Revenue Gains

At its 2026 Investor Day, EXL Service CEO Rohit Kapoor outlined an AI‑driven growth roadmap aimed at delivering double‑digit revenue and profit expansion. The plan hinges on data, context and AI platforms, with more than 400 clients already using its...

By Pulse
EBay's $1.2 B Depop Deal Fuels Fashion‑Focused Turnaround
NewsMay 17, 2026

EBay's $1.2 B Depop Deal Fuels Fashion‑Focused Turnaround

eBay agreed to acquire Depop for $1.2 billion, sharpening its focus on fashion and luxury resale. CEO Jamie Iannone’s vertical strategy, authenticity services and high‑profile collaborations have driven a 19% revenue rise and a 30% stock gain this year.

By Pulse
Viking Cruises Appoints Leah Talactac as CEO, Founder Torstein Hagen Shifts to Executive Chairman
NewsMay 17, 2026

Viking Cruises Appoints Leah Talactac as CEO, Founder Torstein Hagen Shifts to Executive Chairman

Viking Cruises announced Leah Talactac as its new President and CEO, while founder Torstein Hagen moves to Executive Chairman. The transition follows a period of robust demand, with 92% of 2026 cruises already booked, and underscores a focus on stability...

By Pulse
SpaceX Files for $75 Billion IPO, Targeting $2 Trillion Valuation
NewsMay 17, 2026

SpaceX Files for $75 Billion IPO, Targeting $2 Trillion Valuation

SpaceX filed an S‑1 to raise up to $75 billion at a valuation above $2 trillion, accelerating its Nasdaq debut to June 12. The offering combines SpaceX’s launch and satellite businesses with its newly merged AI arm, xAI, which contributed a $4.94 billion...

By Pulse
Greg Brockman Consolidates OpenAI's Product Teams to Build an "Agentic Future"
NewsMay 17, 2026

Greg Brockman Consolidates OpenAI's Product Teams to Build an "Agentic Future"

OpenAI has reorganized its product leadership, appointing co‑founder Greg Brockman as head of product strategy after interim coverage while AGI Deployment CEO Fidji Simo recovers from medical leave. Brockman announced a consolidation of product teams to focus on an “agentic...

By THE DECODER
New NRG Energy CEO Leans Into Growth with ‘Bring Your Own Power’ for the AI Boom and Affordability with ‘Virtual...
NewsMay 17, 2026

New NRG Energy CEO Leans Into Growth with ‘Bring Your Own Power’ for the AI Boom and Affordability with ‘Virtual...

Robert Gaudette, NRG Energy’s new CEO, is driving a dual‑track strategy that pairs rapid expansion of gas‑fired power plants with the rollout of virtual power plants (VPPs) and a “bring‑your‑own‑power” model for AI‑intensive data centers. Early 2024 saw NRG close...

By Fortune – All Content
Apothecon Group Names Shyamakant Giri CEO to Drive Specialty Formulations Growth
NewsMay 17, 2026

Apothecon Group Names Shyamakant Giri CEO to Drive Specialty Formulations Growth

Apothecon Group announced the appointment of Shyamakant Giri as its Group Chief Executive Officer, effective May 11, 2026. The veteran pharma executive will steer the company’s next phase of growth across regulated markets, leveraging its vertically integrated API and specialty formulations platform....

By Pulse
Microsoft Snags OpenAI’s Sam Altman After Board Ousts Him, Stock Jumps $56B
NewsMay 17, 2026

Microsoft Snags OpenAI’s Sam Altman After Board Ousts Him, Stock Jumps $56B

OpenAI’s board dismissed CEO Sam Altman, prompting a wave of resignations and a threat of mass employee walk‑outs. Within hours, Microsoft announced Altman will lead a new research lab, sending Microsoft’s shares up $56 billion in market value. The rapid shift...

By Pulse
Nintendo CEO Confirms Plan To Support Original Switch For Years To Come
NewsMay 16, 2026

Nintendo CEO Confirms Plan To Support Original Switch For Years To Come

Nintendo CEO Shuntaro Furukawa reaffirmed that the original Switch will continue to receive support for years despite the launch of the Switch 2. The company highlighted a cross‑generation approach, noting that roughly 40% of recent game players are already on the...

By TheGamer
GM CEO Mary Barra Says High Gas Prices Won’t Curb Demand, Eyes AI‑driven Growth
NewsMay 16, 2026

GM CEO Mary Barra Says High Gas Prices Won’t Curb Demand, Eyes AI‑driven Growth

General Motors CEO Mary Barra told ABC News that despite soaring gasoline prices linked to the Iran conflict, the company sees no dip in consumer demand, highlights six models priced under $30,000 and outlines a $50 million STEAM education commitment as...

By Pulse
Why Is Dropout Changing so Much? CEO Sam Reich Explains
NewsMay 16, 2026

Why Is Dropout Changing so Much? CEO Sam Reich Explains

Dropout.tv CEO Sam Reich says the company’s flurry of new projects—Blu‑rays, a 24/7 streaming channel, licensed outside content, a Superfan tier, an animated anthology, and a crowdfunded board game—have been in development for years and coincidentally converged in 2026. Early...

By Polygon (Movies)
Cisco Slashes 4,000 Jobs as AI Orders Surge to $9 B, Revenue Hits $15.8 B Record
NewsMay 16, 2026

Cisco Slashes 4,000 Jobs as AI Orders Surge to $9 B, Revenue Hits $15.8 B Record

Cisco announced the elimination of roughly 4,000 positions – about 5% of its global staff – on the same day it posted a record $15.8 B third‑quarter revenue. The cuts are framed as a rapid shift of capital toward AI infrastructure,...

By Pulse
Barfresh Q1 Beats Forecast on Arps Dairy Deal, Revenue Jumps 92%
NewsMay 16, 2026

Barfresh Q1 Beats Forecast on Arps Dairy Deal, Revenue Jumps 92%

Barfresh Food Group posted $5.6 million in first‑quarter revenue, up 92% year‑over‑year, after integrating Arps Dairy. The acquisition pushed sales above guidance but cut gross margin to 18%, highlighting the trade‑off between growth and profitability in the dairy sector.

By Pulse
OUTFRONT Media CEO Nick Brien to Address J.P. Morgan 2026 Tech, Media & Communications Conference
NewsMay 16, 2026

OUTFRONT Media CEO Nick Brien to Address J.P. Morgan 2026 Tech, Media & Communications Conference

OUTFRONT Media Inc. announced that CEO Nick Brien will speak at the J.P. Morgan 2026 Global Technology, Media & Communications Conference on May 19. The appearance underscores OUTFRONT's push to redefine out‑of‑home advertising as an "in‑real‑life" (IRL) marketing platform for...

By Pulse
76ers Owner Josh Harris Takes Blame, Fires GM Daryl Morey After 4‑0 Sweep
NewsMay 16, 2026

76ers Owner Josh Harris Takes Blame, Fires GM Daryl Morey After 4‑0 Sweep

Philadelphia 76ers owner Josh Harris publicly accepted responsibility for the team’s 4‑0 playoff loss to the New York Knicks, dismissed GM Daryl Morey and hired former Warriors exec Bob Myers. Harris said he “sweated the disappointment harder than anyone,” signaling...

By Pulse
Stellantis, Dongfeng Seal $1.2 B Joint Venture to Relaunch Jeep Production in China
NewsMay 16, 2026

Stellantis, Dongfeng Seal $1.2 B Joint Venture to Relaunch Jeep Production in China

Stellantis and state‑backed Dongfeng Motor Corp. announced a joint venture worth 8 billion yuan (≈$1.18 billion) to produce two Jeep off‑road EVs and two Peugeot NEVs at Wuhan starting in 2027. The deal, which sees Stellantis invest about $130 million, signals a strategic...

By Pulse
MySize Posts 62% Revenue Growth in Q1 2026 as AI Fashion Platform Expands
NewsMay 16, 2026

MySize Posts 62% Revenue Growth in Q1 2026 as AI Fashion Platform Expands

MySize, Inc. announced a 62% year‑over‑year revenue jump to $2.39 million in the first quarter of 2026, powered by its AI‑driven sizing suite and the recent integration of Percentil and ShoeSize.Me. The growth underscores the company’s strategy to blend personalization, resale...

By Pulse
JCB Billionaire to Hand Reins to Youngest Son in Blow to Apparent Heir
NewsMay 16, 2026

JCB Billionaire to Hand Reins to Youngest Son in Blow to Apparent Heir

Lord Bamford, the 80‑year‑old founder of JCB, announced that his younger son George will succeed him as head of the digger manufacturer, bypassing elder son Jo who previously appeared poised to inherit. George has already been installed as deputy chairman,...

By City A.M. — Economics
Sony Posts Record FY2025 Sales, Forecasts Strong FY2026 Amid AI‑Driven Entertainment Push
NewsMay 16, 2026

Sony Posts Record FY2025 Sales, Forecasts Strong FY2026 Amid AI‑Driven Entertainment Push

Sony announced record fiscal 2025 sales of ¥12.48 trillion and a 13% rise in operating profit during its Q4 earnings call, while projecting fiscal 2026 revenue of ¥12.3 trillion. The outlook leans on PlayStation growth, expanding anime subscriptions and an AI‑focused creative‑entertainment...

By Pulse
Kaizer Chiefs Appoint Bheki Shongwe as Group CEO, Effective May 2026
NewsMay 16, 2026

Kaizer Chiefs Appoint Bheki Shongwe as Group CEO, Effective May 2026

Kaizer Chiefs confirmed Bheki Shongwe as the club’s new Group Chief Executive Officer, with his appointment taking effect in May 2026. The former managing director returns after a decade, bringing corporate experience from Flow Communications and Evraz Highveld Steel &...

By Pulse
Zillow CEO Jeremy Wacksman Unveils AI‑Powered End‑to‑End Home‑Buying App
NewsMay 16, 2026

Zillow CEO Jeremy Wacksman Unveils AI‑Powered End‑to‑End Home‑Buying App

Zillow chief executive Jeremy Wacksman told NBC News the company is building AI‑driven software that will let buyers find, tour, and close on homes entirely inside the Zillow app. The move comes as proptech venture capital swelled to $3.3 billion in...

By Pulse
C Speed Taps Dave Abel as CEO to Accelerate Radar and Domain‑awareness Growth
NewsMay 16, 2026

C Speed Taps Dave Abel as CEO to Accelerate Radar and Domain‑awareness Growth

C Speed announced Dave Abel as its new chief executive, succeeding Kevin McLaughlin. Abel brings over 30 years of public‑sector tech experience as the firm eyes expanded radar and domain‑awareness contracts amid rising defense demand.

By Pulse
Pfeifer Retiring as AC Immune CEO — and More Biotech C-Suite Moves
NewsMay 15, 2026

Pfeifer Retiring as AC Immune CEO — and More Biotech C-Suite Moves

Andrea Pfeifer is retiring after more than 23 years as CEO of AC Immune, the Swiss neurology biotech she co‑founded. She will remain on the board as honorary chair and co‑chair of the scientific advisory board, while chairman Martin Zügel...

By BioCentury
Port of Montreal’s Former Commercial Chief to Return as CEO
NewsMay 15, 2026

Port of Montreal’s Former Commercial Chief to Return as CEO

The Montreal Port Authority announced that Paul Bird will return as president and chief executive on June 8, 2026. Bird previously served as the authority’s commercial officer from 2020 until his departure earlier this year. He is being tapped to steer...

By Journal of Commerce (JOC)
GameStop CEO Ryan Cohen Calls eBay 'Run by a Bunch of Losers' After $55.5B Bid Rejection
NewsMay 15, 2026

GameStop CEO Ryan Cohen Calls eBay 'Run by a Bunch of Losers' After $55.5B Bid Rejection

GameStop chief Ryan Cohen blasted eBay as "run by a bunch of losers" after the online marketplace turned down his unsolicited $55.5 billion acquisition proposal. Cohen vowed to keep pressure on eBay’s board and hinted at a possible shareholder‑driven push for...

By Pulse
People Moves: RIA Platform VestGen CEO Departs, Succeeded by CFO
NewsMay 15, 2026

People Moves: RIA Platform VestGen CEO Departs, Succeeded by CFO

VestGen Wealth Partners, a Chicago‑based RIA platform with $8.4 billion in assets under management, announced that founder‑CEO Josh Gerry will step down after less than two years. The firm’s president and CFO, Jason Hanavan, will take over as chief executive under...

By WealthManagement.com – ETFs
Premier Health CEO to Retire in 2027
NewsMay 15, 2026

Premier Health CEO to Retire in 2027

Mike Riordan, who became president and CEO of Premier Health in early 2022, announced he will retire in the first quarter of 2027. He committed to a five‑year tenure when he joined the Dayton, Ohio‑based system, which operates five hospitals...

By Becker’s Hospital Review
MemorialCare Names Hospital CEO, Chief Medical Officer
NewsMay 15, 2026

MemorialCare Names Hospital CEO, Chief Medical Officer

MemorialCare Long Beach Medical Center appointed Gary Purushotham as CEO and Dr. Sapna Mehta, DO, as CMO, establishing a dyad leadership model. Purushotham previously led Detroit Medical Center Sinai‑Grace Hospital for nearly four years. Mehta, a Long Beach hospitalist for...

By Becker’s Hospital Review
Anthony Attia
NewsMay 15, 2026

Anthony Attia

Anthony Attia, currently Euronext’s global head of derivatives and post‑trade, has been appointed chief executive of the Australian Securities Exchange (ASX) effective September 1 2026, succeeding Helen Lofthouse. At Euronext he led the expansion of the clearing business post‑Brexit and chaired Euronext...

By John Lothian News – Markets/Derivatives
Greg Brockman Officially Takes Control of OpenAI’s Products in Latest Shake-Up
NewsMay 15, 2026

Greg Brockman Officially Takes Control of OpenAI’s Products in Latest Shake-Up

OpenAI announced a corporate reorganization that officially places co‑founder and president Greg Brockman in charge of product strategy, expanding his remit beyond AI infrastructure. Brockman had been overseeing products on an interim basis while CEO of AGI deployment Fidji Simo...

By WIRED
Monterey Bay Aquarium Names New CEO; Seafish Hires Director of Operations
NewsMay 15, 2026

Monterey Bay Aquarium Names New CEO; Seafish Hires Director of Operations

Monterey Bay Aquarium announced Jenny Gray as its new CEO, succeeding founder Nancy Burgermeister. Gray arrives after a 19‑year tenure leading Zoos Victoria and serving as president of the World Association of Zoos and Aquariums, positioning her to deepen the...

By SeafoodSource
56% of CEOs Cite Geopolitical Risk, Shift to Disciplined Growth Strategies
NewsMay 15, 2026

56% of CEOs Cite Geopolitical Risk, Shift to Disciplined Growth Strategies

A recent survey reported by brandiconimage.com finds that 56% of CEOs now rank geopolitical risk as their primary business worry. The finding is prompting executives to tighten growth plans, adopt stricter OKR and KPI systems, and prioritize cash‑flow resilience. The...

By Pulse
Uber Calls Out Waymo's Scaling Gaps, Pushes Hybrid AV Model
NewsMay 15, 2026

Uber Calls Out Waymo's Scaling Gaps, Pushes Hybrid AV Model

Uber has publicly challenged Waymo’s city‑by‑city scaling strategy, warning that pure autonomous fleets risk creating a two‑tier transport system. CEO Dara Khosrowshahi and policy head Danielle Lam cited Waymo’s absence in Oakland and other dense areas, while Uber’s white paper...

By Pulse
Cisco Cuts Up to 4,000 Jobs After Record Q3, Shares Jump 20%
NewsMay 15, 2026

Cisco Cuts Up to 4,000 Jobs After Record Q3, Shares Jump 20%

Cisco Systems said it will eliminate up to 4,000 positions – under 5% of its workforce – as part of an AI‑focused restructuring announced after a record third‑quarter revenue surge. The move helped lift the stock about 20% in after‑hours...

By Pulse
Keller Logistics Adds Three Senior Leaders to Fuel National 3PL Expansion
NewsMay 15, 2026

Keller Logistics Adds Three Senior Leaders to Fuel National 3PL Expansion

Keller Logistics Group announced three senior commercial appointments—Mike Whitlock, Steve Staley and Katie Furnish—bringing the total of newly hired executives to four and completing a multi‑year talent build. The hires are positioned to drive the Ohio‑based 3PL’s next phase of...

By Pulse
Elliott Investment Management Takes Stake in Dexcom, Secures Two Board Seats
NewsMay 15, 2026

Elliott Investment Management Takes Stake in Dexcom, Secures Two Board Seats

Elliott Investment Management has acquired an undisclosed stake in glucose‑monitor maker Dexcom and negotiated a settlement that adds two independent directors to the board. The move, announced by CEO Jake Leach, signals activist pressure to sharpen the company’s operational and...

By Pulse
Piki Welcomes Olive Branch Extended by Lopez Majority
NewsMay 15, 2026

Piki Welcomes Olive Branch Extended by Lopez Majority

Tycoon Federico “Piki” Lopez welcomed a conciliatory gesture after the Lopez family majority withdrew a board resolution that would have removed him as president and CEO of Lopez Inc. The withdrawal opens a window for family talks, but legal battles...

By Philstar – Business
The Boss Needs to Know
NewsMay 15, 2026

The Boss Needs to Know

A major cola CEO returned from an overseas expansion to report a failed market entry, blaming a cultural misstep that reversed the intended advertising narrative. The article uses this story to illustrate a broader leadership lesson: expertise in a product...

By Philstar – Business
Building An ‘AI First’ Accounting Powerhouse
NewsMay 15, 2026

Building An ‘AI First’ Accounting Powerhouse

Aprio CEO Richard Kopelman announced the firm’s transformation into an AI‑first accounting powerhouse, integrating generative AI tools across audit, tax, and advisory services. The firm has invested $120 million in proprietary AI platforms and partnered with leading cloud providers to automate...

By Chief Executive
Robert Fritz Named Four Seasons Chairman; Founder Moves to Emeritus Role
NewsMay 15, 2026

Robert Fritz Named Four Seasons Chairman; Founder Moves to Emeritus Role

Four Seasons Hotels appointed Robert Fritz, a longtime Cascade Investment executive, as its new executive chairman, while founder Isadore Sharp moved to the role of chairman emeritus. Fritz, who has served as lead director on the board since 2022, will...

By Hotel Business
“There Is No Second Chance to Create a Good First Impression” – Heura Foods CEO Marc Coloma on the Plant-Based...
NewsMay 15, 2026

“There Is No Second Chance to Create a Good First Impression” – Heura Foods CEO Marc Coloma on the Plant-Based...

Heura Foods CEO Marc Coloma says the plant‑based sector offers no second chance to make a strong first impression, underscoring the brand’s push to stand out. The Spanish company is broadening its business model by launching its own private‑label products and...

By Just Food
Pemex Chief Executive Resigns, Financial Director Appointed to Role
NewsMay 15, 2026

Pemex Chief Executive Resigns, Financial Director Appointed to Role

Mexican President Claudia Sheinbaum announced that Pemex chief executive Victor Rodriguez will step down, appointing CFO Juan Carlos Carpio as his successor. Rodriguez’s tenure was limited to an 18‑month conditional term, and he will move to a role at the Institute...

By Upstream Online
Ajinomoto Foods North America Names Gardner As President, CEO
NewsMay 15, 2026

Ajinomoto Foods North America Names Gardner As President, CEO

Ajinomoto Foods North America (AFNA) appointed Dave Gardner, its former chief supply chain officer, as president and CEO, succeeding Hiroshi Kaho who moved to a senior role at the Tokyo parent. Gardner brings over 35 years of food‑industry experience, including...

By The Shelby Report
Viking Names Leah Talactac CEO as Torstein Hagen Moves to Executive Chairman
NewsMay 15, 2026

Viking Names Leah Talactac CEO as Torstein Hagen Moves to Executive Chairman

Viking Holdings announced that founder Torstein Hagen will become Executive Chairman while long‑time executive Leah Talactac steps up as CEO. The transition comes as the cruise operator reports 92% of 2026 capacity booked and a 17.5% revenue jump to over...

By Pulse
GitLab Leverages 19th‑Century Jevons Paradox to Drive AI‑Powered DevOps
NewsMay 15, 2026

GitLab Leverages 19th‑Century Jevons Paradox to Drive AI‑Powered DevOps

GitLab CEO Bill Staples announced an AI‑centric overhaul anchored in the 19th‑century Jevons paradox, hoping to revive a market value that has fallen 66% to $3.7 billion. The plan pivots the platform toward “machine‑scale” orchestration of AI agents that will write,...

By Pulse
HMTX Industries Installs Imran Ahmad as CEO, Elevates CFO John Henkel to President
NewsMay 15, 2026

HMTX Industries Installs Imran Ahmad as CEO, Elevates CFO John Henkel to President

HMTX Industries announced that Imran Ahmad will take over as chief executive officer while chief financial officer John Henkel has been promoted to president, retaining his CFO duties. The leadership reshuffle comes as the $800 million flooring company seeks to accelerate...

By Pulse
Six U.S. Banks Slash 15,000 Jobs and Log $47 Billion Profit as AI Boosts Efficiency
NewsMay 15, 2026

Six U.S. Banks Slash 15,000 Jobs and Log $47 Billion Profit as AI Boosts Efficiency

The six largest U.S. banks eliminated 15,000 positions in the first quarter of 2026 and reported a collective $47 billion profit, up 18% year‑over‑year. CEOs publicly linked the workforce reductions and earnings boost to artificial‑intelligence deployments across operations, coding, and client‑service...

By Pulse
Du Pay Names Roberto Mancone CEO to Drive Fintech Expansion Strategy
NewsMay 15, 2026

Du Pay Names Roberto Mancone CEO to Drive Fintech Expansion Strategy

du Pay, the digital financial services arm of UAE telecom operator du, has appointed Roberto Mancone as chief executive officer. Mancone brings more than 25 years of global fintech and digital‑banking leadership, most recently as CEO of BEYON Money in...

By Telecom Review